The ZAR Exchange Rate Thread

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chicken247 said:
yer point be moot in the face of the fiscal cliff., Apartheid 2.0 is real. I wanted this thing to work , but TIA.
NO SUCSSESSFULL AFRICAN DEMOCRACIES . Gargle that.
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Posting this would've put you on "to watch" list if this was Apartheid 2.0
 
chicken247 said:
Got, i realy need the 90% plus of the black population of this fokrn country to step up to the plate and fokrn start bating, its been 24 fokrn years people, start fokrn contributing instead of eating what was left by the apartheid witous!

Yea, i am looking at you BEE.
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You're an interesting fella.
 
chicken247 said:
Everyone is on some or other list , ain't it? I know you are on a few 2.
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You sure do. I'd rather be on "some or other" list than a security forces' "watch list". I don't want to keep wondering if my neighbour is really who he says he is.
 
ForceFate said:
I'd rather be on "some or other" list than a security forces' "watch list". I don't want to keep wondering if my neighbour is really who he says he is.
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yeah well, i don't really care about who does what anymore, is out of my control. If getting your cellphone robbed and not replacing it gets you on a list , then so be it. It no longer rules the highlights of my day. I was gatvol of getting rickrolled by all and sundry anyway...

As for my neighbor , most of the time when i live next to someone long enough , i realized that they are all scared of living and on average most of them are gonna rub me up in the wrong way some or other time ( maybe mode would be a better terminology). Also they tell the security forces when it would be convenient to rob them, on social media nogal.. Who could ever trust your uppity white neighbor again? You gota worry about people who know what is on your property, not the ones that don't.

edit:1
As for the security forces' "watch list", that normally happens to most taxpayers and churchgoers in peacetime, cause you know , the machine has to feel that it is needed and useful, important and relevant even. This is the heartbeat of our matrix, accept it or not, is kismet designed.

Anyhoo, R 14.21 and its a race to 16 and above
 
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chicken247 said:
yeah well, i don't really care about who does what anymore, is out of my control. If getting your cellphone robbed and not replacing it gets you on a list , then so be it. It no longer rules the highlights of my day. I was gatvol of getting rickrolled by all and sundry anyway...

As for my neighbor , most of the time when i live next to someone long enough , i realized that they are all scared of living and on average most of them are gonna rub me up in the wrong way some or other time ( maybe mode would be a better terminology). Also they tell the security forces when it would be convenient to rob them, on social media nogal.. Who could ever trust your uppity white neighbor again? You gota worry about people who know what is on your property, not the ones that don't.

Anyhoo, R 14.21 and its a race to 16 and above
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They'd know what's in your yard one way or the other, especially if on the watch list.

Regarding the Rand, it's been on a general downward trend in the past few days.
 

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https://www.fin24.com/Markets/Currencies/this-emerging-market-selloff-looks-contagious-20180831

"The difficulties for emerging markets have entered a new phase.

What were once clearly country-specific crises, well contained within their borders, are bleeding across the world.

To stem the slide in its currency Argentina raised its key rate to a whopping 60% on Thursday, but the peso was still 30% weaker from Monday.

Though Turkey is no closer to solving its many problems, it’s hard to see why the lira needed to fall 4% on Thursday. Explanations that this is due to the resignation of one of the central bank’s four deputy governors don’t convince — he’s only gone to take another government job.

Similarly, there doesn’t seem to be any particular reason why South Africa’s rand or the Brazilian real needed to weaken about 3%.

This looks like contagion. One emerging country’s problems have become other emerging countries’ problems, and it’s hard to see how to break the cycle."
 
I read somewhere Italy hit by contagion post Turkey.. i.e. the fragile countries are one-by-one getting hit especially when their debt and budgets are already stretched hence me saying unless something changes in economy outlook i expect a nasty tax adjust or depreciation due to re-ratings end or or early next year. Mini-Budget gonna be interesting.
 
krycor said:
I read somewhere Italy hit by contagion post Turkey.. i.e. the fragile countries are one-by-one getting hit especially when their debt and budgets are already stretched hence me saying unless something changes in economy outlook i expect a nasty tax adjust or depreciation due to re-ratings end or or early next year. Mini-Budget gonna be interesting.
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Gonna happen here 2, like the Stals 90's, paying from 21% to 27% interest was feeling alive,edgy and invigorating!

Money seems to have gotten gatvol of eating carefully prepared shyte sandwiches , realized that they dont have to eat it when fine dining...
 
how?

If you pull a leaver here something should happen there, or your mechanic stole the wheels of your vehicle.

and we have erections from various political parties next year.
 
Are we seeing the next global financial crash live as it is happening?

Many people have said emerging markets will be the catalyst.
 
rietrot said:
Are we seeing the next global financial crash live as it is happening?

Many people have said emerging markets will be the catalyst.
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Its looking very bad in quite a few countries atm, so I have to agree the debt levels are just insane.

Think agrentina and turkey might be worse off then us atm.
 
Gtx Gaming said:
Its looking very bad in quite a few countries atm, so I have to agree the debt levels are just insane.

Think agrentina and turkey might be worse off then us atm.
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And that pushes everyone into the dollar as a safe place, which just strengthen the dollar and makes it more difficult for everyone else because all their debt and imports are in dollars.
 
rietrot said:
And that pushes everyone into the dollar as a not_insane place,
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fixed that for you , the fault is not the dollar, the problem is that these populist governments are grandiose and are not lifting their share of the tide.

Edit1: i think i was 2 harsh, maybe it should be slightly less insane place, LUV YOU FREEDOM, good und hard.
 
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